DoControl, a company specializing in SaaS data security, recently released a report titled “The State of SaaS Data Security 2024,” shedding light on the alarming security gaps present in popular SaaS applications like Google Drive, Slack, and Microsoft 365. The report, based on data from companies with over 1,000 employees, revealed a significant increase in SaaS asset numbers, with companies creating an average of 14.9 million new assets in 2023 alone.
The rapid growth in SaaS assets poses a significant security risk, as many of these assets contain sensitive data such as budgets, product roadmaps, client lists, and employee details. The report highlighted instances where former employees accessed company assets after leaving the organization, as well as cases where departing executives shared sensitive assets with personal email addresses, compromising data security.
Moreover, the report emphasized the ease with which sensitive assets are exposed company-wide, with the average company having 2.1 million sensitive assets exposed internally by the end of 2023. Additionally, 35,000 sensitive assets were exposed publicly, increasing the risk of theft of business secrets and regulatory compliance penalties.
The report also underscored the challenges in managing third-party access to SaaS assets, noting the ease with which company data can be shared beyond the organization’s control. The proliferation of third-party apps and the over-permissioning of these apps pose additional security risks, with 64% of active third-party OAuth apps found to be over-permissioned.
The findings of the report highlight the critical need for organizations to prioritize SaaS data security and implement robust safeguards to protect sensitive assets. As companies continue to rely on SaaS applications for productivity and efficiency, addressing security gaps and ensuring proper access controls is essential to safeguarding sensitive data and mitigating the risk of data breaches. # The Importance of SaaS Data Security: A Look at the State of SaaS Data Security 2024 Report
As companies increasingly rely on Software as a Service (SaaS) solutions for their business operations, the need for robust data security measures has never been more critical. The State of SaaS Data Security 2024 report highlights the importance of keeping pace with SaaS data security innovation to ensure that companies can fully benefit from their SaaS investment.
## The State of SaaS Data Security 2024 Report: Key Findings
The report emphasizes the need for companies to prioritize data security in their SaaS implementations. It highlights the risks associated with inadequate data security measures and the potential impact on business operations. Key findings include the importance of encryption, access controls, and monitoring to protect sensitive data.
## The Role of Innovation in SaaS Data Security
SaaS innovation continues to evolve rapidly, with new features and functionalities being introduced regularly. However, the report underscores the importance of ensuring that data security innovation keeps pace with SaaS innovation. Without adequate security measures in place, companies may be vulnerable to data breaches and cyber threats.
## Meet Adam Gavish: Co-Founder and CEO of DoControl
Adam Gavish, the Co-Founder and Chief Executive Officer of DoControl, brings a wealth of experience in product management, software engineering, and network security to the table. With a background that includes roles at Google Cloud and Amazon, Adam is well-equipped to lead DoControl in providing cutting-edge SaaS data security solutions.
## Key Points:
– SaaS data security is crucial for companies to protect sensitive information and mitigate risks.
– Innovation in SaaS data security must keep pace with SaaS innovation to ensure comprehensive protection.
– Companies can benefit from partnering with experts like Adam Gavish and DoControl to enhance their data security measures.
## Summary:
The State of SaaS Data Security 2024 report serves as a timely reminder of the importance of prioritizing data security in SaaS implementations. By staying informed about the latest trends and best practices in SaaS data security, companies can better safeguard their valuable data assets and maintain a competitive edge in today’s digital landscape.